Directional Drilling Services Market by Application (Onshore, and Offshore), Type (Conventional, and Rotary Steerable System), Service (LWD, MWD & Survey, RSS, Motors), and Region - Global Forecast to 2021
“Directional drilling services market projected to grow at a CAGR of 4.34% from 2016 to 2021”
The directional drilling services market is projected to reach USD 10.30 billion by 2021, growing at a CAGR of 4.34% during the forecast period. Increasing energy demand due to industrialization & urbanization, shale gas developments, advancement are set to drive the market growth for directional drilling services across the world.
“Onshore applications account for a largest share of the directional drilling services market”
In terms of market, by application, the directional drilling services market in this report has been classified based on the following segments, namely, Onshore & Offshore. Directional drilling is most frequently adopted in onshore applications. This segment is primarily driven by high number of maturing fields in onshore regions and high prevalence of shale gas exploration and production throughout the world. Moreover, the ease of mobility is high in onshore regions which allows for multiple usages of directional drilling services, and is expected to create new revenue pockets for the directional drilling services market during the forecast period.
“Middle East segment: The fastest growing segment of the directional drilling services market”
In terms of market, by region, the Middle East segment is expected to be the fastest growing segment of the directional drilling services market during the forecast period. The increasing demand for energy due to urbanization and industrialization, new oilfield discoveries is continuously increasing which will further boost the demand for directional drilling services in the region. Apart from the Middle East, North America is also the biggest market for directional drilling services.
Measurement While Drilling (MWD) & survey segment: The fastest growing segment of the directional drilling services market.
MWD is the technique of measuring the well bore inclination from the vertical, which is useful for controlling the well trajectory during drilling. The use of MWD also allows the operator to measure the well bore inclination with respect to the magnetic north, which can further provide real-time position updates. The market MWD is expected to grow at a highest CAGR from 2016 to 2021, These techniques are expected to act as catalysts for the growth of the directional drilling market in the North America, Asia-Pacific, which would further boost the MWD & survey segment market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, corporate-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 43%, Tier 2- 33%, and Tier 3- 24%
By Designation: D Level - 35%, C Level - 25%, and Engineer level- 40%
By Region: Asia-Pacific- 45%, Europe- 30%, Americas- 15%, and RoW- 10%
Note: RoW = Rest of the world,
The tier of the companies is defined based on their total revenue, as of 2013: Tier 1 = USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion, and Tier 3 = USD 1 billion
Leading players in this industry have been profiled, along with their recent developments and other strategic activities. These include Weatherford (Ireland), Baker Hughes (U.S.), Schlumberger (U.S.), Halliburton (U.S.), Gyrodata (U.S.), and GE Oil and Gas (U.S.), among others.
Research Coverage
The report segments the market on the basis of application- onshore & offshore; type- conventional & Rotary steerable system; service- Rotary Steerable Systems (RSS), Logging while drilling (LWD), Measurement while drilling (MWD) & Survey, Motors, and Others; and region- Asia-Pacific, North America, South America, Europe, the Middle East and Africa. Each region has been further analyzed based on key country-level markets.
Why buy this report?
1. The report identifies and addresses key markets for directional drilling which is useful for suppliers and OEMs to review production and distribution plans
2. The report helps manufacturers to understand the pulse of the market and provides insights on drivers, restraints, and challenges. The report includes analysis for key countries by type of application, i.e., onshore and offshore. It analyzes historical trends and also forecast for 2021 assisting in strategic decision making
3. The report will help OEMs to better understand their competitor’s strategies and will help in making strategic decisions. It also presents competition by analyzing recent market developments such as key contracts, expansions, and new product launches from the key global market players. It helps understand the competition strategies and plan respective initiatives
The directional drilling services market is projected to reach USD 10.30 billion by 2021, growing at a CAGR of 4.34% during the forecast period. Increasing energy demand due to industrialization & urbanization, shale gas developments, advancement are set to drive the market growth for directional drilling services across the world.
“Onshore applications account for a largest share of the directional drilling services market”
In terms of market, by application, the directional drilling services market in this report has been classified based on the following segments, namely, Onshore & Offshore. Directional drilling is most frequently adopted in onshore applications. This segment is primarily driven by high number of maturing fields in onshore regions and high prevalence of shale gas exploration and production throughout the world. Moreover, the ease of mobility is high in onshore regions which allows for multiple usages of directional drilling services, and is expected to create new revenue pockets for the directional drilling services market during the forecast period.
“Middle East segment: The fastest growing segment of the directional drilling services market”
In terms of market, by region, the Middle East segment is expected to be the fastest growing segment of the directional drilling services market during the forecast period. The increasing demand for energy due to urbanization and industrialization, new oilfield discoveries is continuously increasing which will further boost the demand for directional drilling services in the region. Apart from the Middle East, North America is also the biggest market for directional drilling services.
Measurement While Drilling (MWD) & survey segment: The fastest growing segment of the directional drilling services market.
MWD is the technique of measuring the well bore inclination from the vertical, which is useful for controlling the well trajectory during drilling. The use of MWD also allows the operator to measure the well bore inclination with respect to the magnetic north, which can further provide real-time position updates. The market MWD is expected to grow at a highest CAGR from 2016 to 2021, These techniques are expected to act as catalysts for the growth of the directional drilling market in the North America, Asia-Pacific, which would further boost the MWD & survey segment market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, corporate-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 43%, Tier 2- 33%, and Tier 3- 24%
By Designation: D Level - 35%, C Level - 25%, and Engineer level- 40%
By Region: Asia-Pacific- 45%, Europe- 30%, Americas- 15%, and RoW- 10%
Note: RoW = Rest of the world,
The tier of the companies is defined based on their total revenue, as of 2013: Tier 1 = USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion, and Tier 3 = USD 1 billion
Leading players in this industry have been profiled, along with their recent developments and other strategic activities. These include Weatherford (Ireland), Baker Hughes (U.S.), Schlumberger (U.S.), Halliburton (U.S.), Gyrodata (U.S.), and GE Oil and Gas (U.S.), among others.
Research Coverage
The report segments the market on the basis of application- onshore & offshore; type- conventional & Rotary steerable system; service- Rotary Steerable Systems (RSS), Logging while drilling (LWD), Measurement while drilling (MWD) & Survey, Motors, and Others; and region- Asia-Pacific, North America, South America, Europe, the Middle East and Africa. Each region has been further analyzed based on key country-level markets.
Why buy this report?
1. The report identifies and addresses key markets for directional drilling which is useful for suppliers and OEMs to review production and distribution plans
2. The report helps manufacturers to understand the pulse of the market and provides insights on drivers, restraints, and challenges. The report includes analysis for key countries by type of application, i.e., onshore and offshore. It analyzes historical trends and also forecast for 2021 assisting in strategic decision making
3. The report will help OEMs to better understand their competitor’s strategies and will help in making strategic decisions. It also presents competition by analyzing recent market developments such as key contracts, expansions, and new product launches from the key global market players. It helps understand the competition strategies and plan respective initiatives
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
1.3.2 COUNTRIES COVERED
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
3.1 INTRODUCTION
3.2 HISTORICAL BACKDROP AND EVOLUTION
3.3 CURRENT SCENARIO
3.4 FUTURE OUTLOOK
3.5 CONCLUSION
4 PREMIUM INSIGHTS
4.1 DIRECTIONAL DRILLING SERVICES MARKET, BY TYPE
4.2 DIRECTIONAL DRILLING SERVICES MARKET, BY SERVICE
4.3 DIRECTIONAL DRILLING SERVICES MARKET, BY APPLICATION
4.4 DIRECTIONAL DRILLING SERVICES MARKET: APPLICATION VS. TYPE
4.5 NORTH AMERICA: THE LARGEST MARKET DURING THE FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET SEGMENTATION
5.2.1 BY APPLICATION
5.2.2 BY TYPE
5.2.3 BY SERVICE
5.2.4 BY REGION
5.3 MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Increase in energy demand
5.3.1.2 Shale gas development
5.3.1.3 Advancement in drilling technologies
5.3.2 RESTRAINTS
5.3.2.1 Declining oil spending due to low crude oil price
5.3.2.2 Increasing focus on renewable energy
5.3.3 OPPORTUNITIES
5.3.3.1 New oilfield discoveries
5.3.3.2 Lifting of Iranian oil export sanctions
5.3.4 CHALLENGES
5.3.4.1 Stringent regulatory policies
5.4 TECHNICAL OVERVIEW
6 DIRECTIONAL DRILLING SERVICES MARKET, BY APPLICATION
6.1 INTRODUCTION
6.2 ONSHORE APPLICATIONS
6.3 OFFSHORE APPLICATIONS
7 DIRECTIONAL DRILLING SERVICES MARKET, BY TYPE
7.1 INTRODUCTION
7.2 CONVENTIONAL
7.3 ROTARY STEERABLE SYSTEM
8 DIRECTIONAL DRILLING SERVICES MARKET, BY SERVICE
8.1 INTRODUCTION
8.2 ROTARY STEERABLE SYSTEM (RSS)
8.3 LOGGING-WHILE-DRILLING(LWD)
8.4 MEASUREMENT-WHILE-DRILLING (MWD) & SURVEY
8.5 MOTORS (MUD MOTORS)
8.6 OTHERS
9 DIRECTIONAL DRILLING SERVICES MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 BY TYPE
9.2.2 BY APPLICATION
9.2.3 BY SERVICE
9.2.4 BY COUNTRY
9.2.4.1 U.S.
9.2.4.2 Canada
9.2.4.3 Mexico
9.3 ASIA-PACIFIC
9.3.1 BY TYPE
9.3.2 BY APPLICATION
9.3.3 BY SERVICE
9.3.4 BY COUNTRY
9.3.4.1 China
9.3.4.2 Thailand
9.3.4.3 India
9.3.4.4 Indonesia
9.3.4.5 Australia
9.3.4.6 Malaysia
9.3.4.7 Central Asia
9.3.4.8 Rest of Asia–Pacific
9.4 EUROPE
9.4.1 BY TYPE
9.4.2 BY APPLICATION
9.4.3 BY SERVICE
9.4.4 BY COUNTRY
9.4.4.1 Russia
9.4.4.2 Norway
9.4.4.3 U.K.
9.4.4.4 The Netherlands
9.4.4.5 Rest of Europe
9.5 SOUTH AMERICA
9.5.1 BY TYPE
9.5.2 BY APPLICATION
9.5.3 BY SERVICE
9.5.4 BY COUNTRY
9.5.4.1 Brazil
9.5.4.2 Argentina
9.5.4.3 Venezuela
9.5.4.4 Colombia
9.5.4.5 Ecuador
9.5.4.6 Rest of South America
9.6 AFRICA
9.6.1 BY TYPE
9.6.2 BY APPLICATION
9.6.3 BY SERVICE
9.6.4 BY COUNTRY
9.6.4.1 Angola
9.6.4.2 Egypt
9.6.4.3 Nigeria
9.6.4.4 Algeria
9.6.4.5 Rest of Africa
9.7 MIDDLE EAST
9.7.1 BY TYPE
9.7.2 BY APPLICATION
9.7.3 BY SERVICE
9.7.4 BY COUNTRY
9.7.4.1 Saudi Arabia
9.7.4.2 UAE
9.7.4.3 Iran
9.7.4.4 Qatar
9.7.4.5 Rest of the Middle East
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 MARKET SHARE ANALYSIS, BY REVENUE, 2015
10.3 COMPETITIVE SITUATION AND TRENDS
10.3.1 KEY NEW PRODUCT/SERVICE DEVELOPMENTS
10.3.2 KEY EXPANSIONS
10.3.3 KEY CONTRACTS AND AGREEMENTS
10.3.4 KEY MERGERS & ACQUISITIONS
10.3.5 KEY PARTNERSHIPS, COLLABORATIONS, ALLIANCES, AND JOINT VENTURES
10.3.6 OTHER DEVELOPMENTS
11 COMPANY PROFILES
(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
11.1 INTRODUCTION
11.2 BAKER HUGHES INCORPORATED
11.3 HALLIBURTON COMPANY
11.4 SCHLUMBERGER LIMITED
11.5 WEATHERFORD INTERNATIONAL PLC.
11.6 NATIONAL OILWELL VARCO, INC.
11.7 GE OIL & GAS
11.8 NABORS INDUSTRIES LTD.
11.9 CATHEDRAL ENERGY SERVICES LTD.
11.10 JINDAL DRILLING & INDUSTRIES LIMITED
11.11 GYRODATA INCORPORATED
11.12 SCIENTIFIC DRILLING INTERNATIONAL
11.13 LEAM DRILLING SYSTEMS, LLC.
*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View might not be captured in case of unlisted companies.
12 APPENDIX
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 INTRODUCING RT: A REAL-TIME MARKET INTELLIGENCE
12.5 AVAILABLE CUSTOMIZATIONS
12.6 RELATED REPORTS
12.7 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
1.3.2 COUNTRIES COVERED
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
3.1 INTRODUCTION
3.2 HISTORICAL BACKDROP AND EVOLUTION
3.3 CURRENT SCENARIO
3.4 FUTURE OUTLOOK
3.5 CONCLUSION
4 PREMIUM INSIGHTS
4.1 DIRECTIONAL DRILLING SERVICES MARKET, BY TYPE
4.2 DIRECTIONAL DRILLING SERVICES MARKET, BY SERVICE
4.3 DIRECTIONAL DRILLING SERVICES MARKET, BY APPLICATION
4.4 DIRECTIONAL DRILLING SERVICES MARKET: APPLICATION VS. TYPE
4.5 NORTH AMERICA: THE LARGEST MARKET DURING THE FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET SEGMENTATION
5.2.1 BY APPLICATION
5.2.2 BY TYPE
5.2.3 BY SERVICE
5.2.4 BY REGION
5.3 MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Increase in energy demand
5.3.1.2 Shale gas development
5.3.1.3 Advancement in drilling technologies
5.3.2 RESTRAINTS
5.3.2.1 Declining oil spending due to low crude oil price
5.3.2.2 Increasing focus on renewable energy
5.3.3 OPPORTUNITIES
5.3.3.1 New oilfield discoveries
5.3.3.2 Lifting of Iranian oil export sanctions
5.3.4 CHALLENGES
5.3.4.1 Stringent regulatory policies
5.4 TECHNICAL OVERVIEW
6 DIRECTIONAL DRILLING SERVICES MARKET, BY APPLICATION
6.1 INTRODUCTION
6.2 ONSHORE APPLICATIONS
6.3 OFFSHORE APPLICATIONS
7 DIRECTIONAL DRILLING SERVICES MARKET, BY TYPE
7.1 INTRODUCTION
7.2 CONVENTIONAL
7.3 ROTARY STEERABLE SYSTEM
8 DIRECTIONAL DRILLING SERVICES MARKET, BY SERVICE
8.1 INTRODUCTION
8.2 ROTARY STEERABLE SYSTEM (RSS)
8.3 LOGGING-WHILE-DRILLING(LWD)
8.4 MEASUREMENT-WHILE-DRILLING (MWD) & SURVEY
8.5 MOTORS (MUD MOTORS)
8.6 OTHERS
9 DIRECTIONAL DRILLING SERVICES MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 BY TYPE
9.2.2 BY APPLICATION
9.2.3 BY SERVICE
9.2.4 BY COUNTRY
9.2.4.1 U.S.
9.2.4.2 Canada
9.2.4.3 Mexico
9.3 ASIA-PACIFIC
9.3.1 BY TYPE
9.3.2 BY APPLICATION
9.3.3 BY SERVICE
9.3.4 BY COUNTRY
9.3.4.1 China
9.3.4.2 Thailand
9.3.4.3 India
9.3.4.4 Indonesia
9.3.4.5 Australia
9.3.4.6 Malaysia
9.3.4.7 Central Asia
9.3.4.8 Rest of Asia–Pacific
9.4 EUROPE
9.4.1 BY TYPE
9.4.2 BY APPLICATION
9.4.3 BY SERVICE
9.4.4 BY COUNTRY
9.4.4.1 Russia
9.4.4.2 Norway
9.4.4.3 U.K.
9.4.4.4 The Netherlands
9.4.4.5 Rest of Europe
9.5 SOUTH AMERICA
9.5.1 BY TYPE
9.5.2 BY APPLICATION
9.5.3 BY SERVICE
9.5.4 BY COUNTRY
9.5.4.1 Brazil
9.5.4.2 Argentina
9.5.4.3 Venezuela
9.5.4.4 Colombia
9.5.4.5 Ecuador
9.5.4.6 Rest of South America
9.6 AFRICA
9.6.1 BY TYPE
9.6.2 BY APPLICATION
9.6.3 BY SERVICE
9.6.4 BY COUNTRY
9.6.4.1 Angola
9.6.4.2 Egypt
9.6.4.3 Nigeria
9.6.4.4 Algeria
9.6.4.5 Rest of Africa
9.7 MIDDLE EAST
9.7.1 BY TYPE
9.7.2 BY APPLICATION
9.7.3 BY SERVICE
9.7.4 BY COUNTRY
9.7.4.1 Saudi Arabia
9.7.4.2 UAE
9.7.4.3 Iran
9.7.4.4 Qatar
9.7.4.5 Rest of the Middle East
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 MARKET SHARE ANALYSIS, BY REVENUE, 2015
10.3 COMPETITIVE SITUATION AND TRENDS
10.3.1 KEY NEW PRODUCT/SERVICE DEVELOPMENTS
10.3.2 KEY EXPANSIONS
10.3.3 KEY CONTRACTS AND AGREEMENTS
10.3.4 KEY MERGERS & ACQUISITIONS
10.3.5 KEY PARTNERSHIPS, COLLABORATIONS, ALLIANCES, AND JOINT VENTURES
10.3.6 OTHER DEVELOPMENTS
11 COMPANY PROFILES
(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
11.1 INTRODUCTION
11.2 BAKER HUGHES INCORPORATED
11.3 HALLIBURTON COMPANY
11.4 SCHLUMBERGER LIMITED
11.5 WEATHERFORD INTERNATIONAL PLC.
11.6 NATIONAL OILWELL VARCO, INC.
11.7 GE OIL & GAS
11.8 NABORS INDUSTRIES LTD.
11.9 CATHEDRAL ENERGY SERVICES LTD.
11.10 JINDAL DRILLING & INDUSTRIES LIMITED
11.11 GYRODATA INCORPORATED
11.12 SCIENTIFIC DRILLING INTERNATIONAL
11.13 LEAM DRILLING SYSTEMS, LLC.
*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View might not be captured in case of unlisted companies.
12 APPENDIX
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 INTRODUCING RT: A REAL-TIME MARKET INTELLIGENCE
12.5 AVAILABLE CUSTOMIZATIONS
12.6 RELATED REPORTS
12.7 AUTHOR DETAILS
LIST OF TABLES
Table 1 INVESTMENT IN RENEWABLE ENERGY, BY SECTOR, 2015
Table 2 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 3 ONSHORE APPLICATION: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 4 OFFSHORE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 5 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 6 CONVENTIONAL : DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 7 ROTARY STEERABLE SYSTEM: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 8 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 9 ROTARY STEERABLE SYSTEM DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 10 LOGGING-WHILE-DRILLING DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 11 MEASUREMENT WHILE-DRILLING (MWD) & SURVEY DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 12 MOTORS DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 13 OTHER DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 14 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 15 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 16 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 17 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 18 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 19 U.S.: DIRECTIONAL DRILLING SERVICES MARKET, BY SERVICE, 2014–2021 (USD MILLION)
Table 20 CANADA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
Table 21 MEXICO: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 22 ASIA-PACIFIC: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 23 ASIA – PACIFIC : DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 24 ASIA – PACIFIC : DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 25 ASIA-PACIFIC: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 26 CHINA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 27 THAILAND: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 28 INDIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 29 INDONESIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 30 AUSTRALIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 31 MALAYSIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 32 CENTRAL ASIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 33 REST OF ASIA-PACIFIC: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 34 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 35 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 36 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 37 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 38 RUSSIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 39 NORWAY: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 40 U.K.: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 41 THE NETHERLANDS: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 42 REST OF EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 43 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 44 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 45 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 46 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 47 BRAZIL: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 48 ARGENTINA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 49 VENEZUELA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 50 COLOMBIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 51 ECUADOR: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 52 REST OF SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 53 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 54 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 55 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 56 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 57 ANGOLA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 58 EGYPT: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 59 NIGERIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 60 ALGERIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 61 REST OF AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 62 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 63 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 64 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 65 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 66 SAUDI ARABIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 67 UAE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 68 QATAR: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 69 REST OF THE MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 70 KEY NEW PRODUCT/SERVICE LAUNCHES, 2013-2016
Table 71 KEY EXPANSIONS, 2013-2016
Table 72 KEY CONTRACTS AWARDED, 2013-2016
Table 73 KEY MERGERS & ACQUISITIONS, 2013-2016
Table 74 KEY PARTNERSHIPS, COLLABORATIONS, ALLIANCE, AND JOINT VENTURES, 2013-2016
Table 75 OTHER DEVELOPMENTS, 2013-2016
Table 1 INVESTMENT IN RENEWABLE ENERGY, BY SECTOR, 2015
Table 2 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 3 ONSHORE APPLICATION: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 4 OFFSHORE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 5 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 6 CONVENTIONAL : DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 7 ROTARY STEERABLE SYSTEM: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 8 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 9 ROTARY STEERABLE SYSTEM DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 10 LOGGING-WHILE-DRILLING DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 11 MEASUREMENT WHILE-DRILLING (MWD) & SURVEY DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 12 MOTORS DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 13 OTHER DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 14 DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 15 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 16 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 17 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 18 NORTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 19 U.S.: DIRECTIONAL DRILLING SERVICES MARKET, BY SERVICE, 2014–2021 (USD MILLION)
Table 20 CANADA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
Table 21 MEXICO: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 22 ASIA-PACIFIC: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 23 ASIA – PACIFIC : DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 24 ASIA – PACIFIC : DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 25 ASIA-PACIFIC: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 26 CHINA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 27 THAILAND: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 28 INDIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 29 INDONESIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 30 AUSTRALIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 31 MALAYSIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 32 CENTRAL ASIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 33 REST OF ASIA-PACIFIC: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 34 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 35 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 36 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 37 EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 38 RUSSIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 39 NORWAY: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 40 U.K.: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 41 THE NETHERLANDS: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 42 REST OF EUROPE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 43 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 44 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 45 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 46 SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 47 BRAZIL: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 48 ARGENTINA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 49 VENEZUELA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 50 COLOMBIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 51 ECUADOR: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 52 REST OF SOUTH AMERICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 53 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 54 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 55 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 56 AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 57 ANGOLA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 58 EGYPT: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 59 NIGERIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 60 ALGERIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 61 REST OF AFRICA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 62 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
Table 63 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
Table 64 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 65 MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 66 SAUDI ARABIA: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 67 UAE: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 68 QATAR: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 69 REST OF THE MIDDLE EAST: DIRECTIONAL DRILLING SERVICES MARKET SIZE, BY SERVICE, 2014–2021 (USD MILLION)
Table 70 KEY NEW PRODUCT/SERVICE LAUNCHES, 2013-2016
Table 71 KEY EXPANSIONS, 2013-2016
Table 72 KEY CONTRACTS AWARDED, 2013-2016
Table 73 KEY MERGERS & ACQUISITIONS, 2013-2016
Table 74 KEY PARTNERSHIPS, COLLABORATIONS, ALLIANCE, AND JOINT VENTURES, 2013-2016
Table 75 OTHER DEVELOPMENTS, 2013-2016
The oil and gas industry relies heavily on directional drilling to develop offshore reserves, facilitate development in environmentally sensitive areas, and provide production enhancement through horizontal and multilateral drilling. Conventional motors provide a capability that is essential to the oil industry. However, these motors also have some limitations that affect their ability to support increasing operational demands.
This report covers the global directional drilling market in the main regions, including North America, Asia- Pacific, Europe, South America, and Middle East and Africa under different types of services, which include RSS, LWD, MWD & survey, motors, and other services. Rotary steerable systems service is the leading service with a market share of almost XX% in 2013. LWD service is the second-largest service with XX% market share in 2013. MWD & survey accounted around XX% market share in 2013. With the advancement of technology, motors are estimated to have a slow growth rate as compared to other services in the directional drilling market.
The application areas of directional drilling include onshore applications and offshore applications. Offshore is the largest application area for directional drilling as XX% of the global directional drilling activities are offshore. Onshore activities are witnessing a decent growth rate and are estimated to increase its market share in coming years.
Oil and natural gas wells have traditionally been drilled vertically, at depths ranging from a few thousand feet to as deep as five miles. Today, advancement in the drilling technology allows oil and natural gas companies to reach more reserves effectively and efficiently.
The offshore oil & gas industry has become a crucial component of the global energy mix. As conventional oil & gas reserves have declined, new offshore discoveries and developments have catered to the ever increasing demand for oil & gas. Directional drilling is becoming an integral part in exploration and production activities to explore the unreachable and tight reservoirs.
The need to satisfy the rising energy demand will enhance growth prospects of the offshore directional drilling services market. The lucrative and high investment areas of subsea regions, such as the Gulf of Mexico, the North Sea, and new discoveries in West Africa and Asia-Pacific drive the exponential growth of the directional drilling market.
